Bank Reconciliation The amount that is not yet expired should be reported as a current asset such as Prepaid Insurance or Prepaid Expenses. 56.1%. which of the following statements about an adjusted trial balance is correct? This can improve your return versus a taxable brokerage account or CD, where you owe taxes every year. This makes fixed annuities a good choice if you cant take any risk with your future retirement income but want to make sure your savings grow by at least some amount. You add a deployment slot to Contoso2023 named Slot1. Sixty-year-old Wanda Davis retired from her computer consulting business in Boston and moved to Florida. Adjustments to revenue accounts at the end of the accounting period are made to adhere to accrual accounting principles specifically the ______ principle. an expense is recognized after cash has been received. Until the money is earned, the insurance company should report the unearned amount as a current liability such as Unearned Insurance Premiums. Three months of rent were prepaid on September 1 for $7,200, but one month has now expired, leaving only two months prepaid at September 30. This company is an example of a: a liability is established at the time an expense is recognized. All Rights Reserved, Quiz 4: Adjustments,Financial Statements,and Financial Results. There are a few types of deferred annuities to choose from, each of which has implications for your future annuity income. $42,900. A fixed annuitys interest rate is often much smaller than market returns, but its certain returns ensure you know exactly how much money youll have in retirement. Experts are tested by Chegg as specialists in their subject area. The following shows excerpts from Camole Companys statement of cash flows and other financial records. This year Crane plans to spend the same amount per worker but also add 14 new staff members. 52.3%. At the end of the month, the physical count of inventory shows $530,000 on hand. This compensation comes from two main sources. You need to be able to perform a deployment slot swap with preview. The adjusting entry on December 31 would include a: Hayward Company reported net sales revenues of $22.2 billion and cost of goods sold of $10.6 billion. The elements are, Incentive, opportunity, and rationalization, An internal report prepared to verify the accuracy of both the bank statement and the cash accounts of a business or individual is a, generating revenues and collecting from customers. No Contribution Maximum. Heres how deferred annuity contracts work and when they might make sense for your financial situation. If merchandise purchased on credit is returned to the seller for a full refund, what would be the effect on the accounts listed below? an access key a role assignment, Question 17 of 28 You have an Azure Storage account named storage1 that is configured to use the Hot access tier. Posted one month ago. a liability is established at the time an expense is recognized. You can choose to receive deferred annuity payments for a set period of time called a term, like 20 years, or you can have them last for your entire life. control environment, risk assessment, control activities, information and communication, monitoring activities. That means it has some unpredictability but not as much as with a variable annuity, and youre guaranteed not to lose any of your initial investment. Madison Manufacturing's ending inventory count was $65,000, cost of goods sold was $35,100, and purchases were $72,800, its beginning inventory must have been: Since buying a deferred annuity is a major financial decision thats tough to reverse, research carefully before signing up. The adjusting entry to record the income tax expense will, Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, Carl S Warren, James M Reeve, Jonathan E. Duchac, accounting test 2 (grice, troy university). An example is a payment made in December for property insurance covering the next six months of January through June. The term deferral best describes a situation in which: Multiple Choice cash is paid in advance of recognizing an expense. $83,120. A deferral adjusting entry that adjusts assets (such as prepaids and supplies): Deferring a revenue or expense account in accounting means that the amount: Which of the following best describes when an accrual adjustment is required? What should you use? $108,360 Be sure to meet with a financial advisor who wont make a commission on an annuity sale to help you determine which type of annuity may be best for you. an expense is recognized before it is paid for with cash. $98,950 Fill in the blanks for each of the following independent cases: A surgeon is insured under a physicians, surgeons, and dentists professional liability policy. When should supplies be recorded as an expense? This could be a large deposit from your savings or a transfer from a retirement plan, like your 401(k). asset; expense. The term deferral best describes a situation in which: Multiple Choice Q34 A company owes rent at a rate of $6,000 per month.The company pays the rent owed on the tenth of each month for the previous month.At the end of each month,what kind of adjustment is required? 2020-2023 Quizplus LLC. This order qualifies for a 555 -percent discount. A deferred annuity can make sense if youre in the years approaching retirement. View Answer . A deferred annuity works much like most other annuities. is more consistent with how companies calculated inventory in the past. (part 2), it is used to prepare financial statements. o Apr 01 2022 06:00 PM Expert's Answer 2,400 wholesale merchandising company. Course Hero is not sponsored or endorsed by any college or university. cash is paid in advance of recognizing an expense. Decrease Inventory; Decrease Cost of Goods Sold; No effect on Accounts Payable. A - The term defer means to postpone until later. Early Withdrawal Taxes. EFT received from customer is recorded as? Right Triangle Relationships & Trigonometry, Fundamentals of Financial Management, Concise Edition, Don Herrmann, J. David Spiceland, Wayne Thomas, Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield. $16,100. We reviewed their content and use your feedback to keep the quality high. The accrual of an expense or an expense accrual refers to the reporting of an expense and the related liability in an accounting period that is prior to the period when the amount will be paid or the vendor's invoice will be processed. The entry to record the payment on April 26 includes which of the following? What is the internal rate of return compounded annually on this investment? The term deferral best describes a situation in which: Multiple Choice cash is paid in advance of recognizing an expense. o an expense is recognized before it is paid for with cash. This helps you accomplish two financial goals: Building up your nest egg for retirement and then generating income once you get there. Information provided on Forbes Advisor is for educational purposes only. How would you record revenues earned but not yet recorded? Which of the following is the equation for cost of goods sold? The entry to close the Dividend at the end of the year will include a debit to: Retained Earnings and a credit to Dividends for $11,600. How much did Crane spend on training last year? In exchange for one-time or recurring deposits held for at least a year, an annuity company provides . An example is the insurance company receiving money in December for providing insurance protection for the next six months. long term assets that lack physical substance. Explain whether the following situations are covered by the professional liability policy. shrinkage. Which of the following statements regarding inventory counts is not correct? The term deferral best descr, The term deferral best describes a situation in which: Multiple Choice cash is paid in advance of recognizing an expense. If you take out a lump sum withdrawal or cancel your contract before you turn 59 , you could owe a 10% early withdrawal penalty on top of income taxes on your gains. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. the sale is recorded when the goods leave the seller's shipping department, The sale is recorded when the goods reach the customer, Fundamentals of Financial Management, Concise Edition, Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, Financial Accounting: An Introduction to Concepts, Methods and Uses, Clyde P Stickney, Jennifer Francis, Katherine Schipper, Roman L Weil. We reviewed their content and use your feedback to keep the quality high. But it also opens you up to growing your savings more than you could with any other annuity type. Try using a spreadsheet program to display your calculations. secondary service company. Wanda contributed $50,000 for startup costs and devoted one-half time to the business. A deferred annuity could charge a wide range of fees in exchange for income and investment guarantees. You create the following encryption scopes for storage1: Scope1 that has an encryption type of Microsoft-managed keys , Question 16 of 28 You have an Azure Storage account named storage1. An expense has been incurred but not yet paid in cash. On December 1, 2022, Shamrock Company received $3,600 from Destiny, Incorporated for rent of an office owned by Shamrock Company. An example of an expense accrual is the electricity that is used in December where neither the bill nor the payment will be processed until January. a recognized cost or expense for the decrease in value of a long-term intangible asset. which is the first financial statement that should be prepared after the adjusted trial balance has been prepared? d. Record each of the transactions in part b in the financial statement effects template to show the effect of these entries on the balance sheet and income statement. which of the following is constructed immediately prior to preparing the financial statements with the purpose of demonstrating the the accounts balance? cost of equipment less the related accumulated depreciation. Option A Geiger Corporation, a retail company, reported inventories of $1,320,000 in 2019 and$1,460,000 in 2020. Shamrock Company recorded this as Deferred Rent Revenue when it was received on December 1. An example of an account that could be included in an accrual adjustment for revenue is: Which of the following statements about adjustments is correct? All Rights Reserved. Tax Advantages. the purpose of recording an adjusting entry for salaries and wages is to record wages: which of the following statements is correct regarding the use of the cash account in deferral and accrual adjustments as the end of the accounting period? The customer paid one half of the amount owed on March 22 and the other one half on April 24. Expertise ranging from retirement to estate planning. An example of the accrual of revenues is a bond investment's interest that is earned in December but the money will not be received until a later accounting period. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. paid out money that should be reported as an expense in a later accounting period, and/or, received money that should be reported as revenue in a later accounting period. In addition, you could owe the annuity company a surrender charge if you try to make a lump sum withdrawal or end the contract early, usually within five to seven years of your purchase. c. A patient waiting to see the doctor is injured when the legs of an office chair collapse. Dewey Sykes plans to open a business in four years when he retires. You need to ensure, Question 8 of 28 You plan to create an Azure container instance named container1 that will use a Docker image named Image1. saves a company from ever having to count the goods in inventory. the term deferral best describes a situation in which cash is paid in advance of recognizing an expense. You can partially get around this limitation by opting for a dual life annuity, which guarantees payments for another persons, usually your spouses, life, or by choosing a death benefit that grants a portion of your annuitys value to your heirs if you die. The term, deferral, best describes a situation in which. $27,300. How much must he invest today to have $10,000\$10,000$10,000 when he retires if the bank pays 2%2\%2% annually, compounded quarterly? 47.7%. Keep in mind that if you need annuity income sooner than one year out, you may want an immediate annuity instead of a deferred annuity. You also may opt for a deferred annuity earlier if youve maxed out your other retirement plans and want another way to invest with tax-deferred growth. A sale is recorded when goods leave the seller's shipping department when the merchandise is shipped, The term, deferral, best describes a situation in which, Cash is paid in advance of recognizing an expense, The use of sequentially numbered checks is an example of, Physically locking up assets and electronically securing other assets and information is required by the internal control principle of, The objectives of a company's system of internal control include all of the following except, Ensuring the company's stock price provides a reasonable return to investors, Adjustments help to ensure that all expenses are recorded in the period in which they are incurred, A small company would have the most difficulty in implementing which of the following internal control principles, Which line item would be found on a merchandisers balance sheet and not on a service firm's, Sales Discounts is a _____ account with a normal _____ balance, The evaluation of the internal control system to determine whether it is not working as intended is refereed to as, The fraud triangle contains three elements that must exist for accounting fraud to occur. The 2020 income statement reported the cost of goods sold of $6,980,000. 10+ million students use Quizplus to study and prepare for their homework, quizzes and exams through 20m+ questions in 300k quizzes. Is an account that is an offset to, or reduction of, the primary accout. Investment Flexibility. Adjusting entries are typically prepared: A company uses up $5,000 of an existing asset and the company adjusts its accounts accordingly. All Rights Reserved, Quiz 1: Business Decisions and Financial Accounting, Quiz 4: Adjustments,Financial Statements,and Financial Results, Quiz 6: Merchandising Operations and the Multistep Income Statement, Quiz 8: Receivables,Bad Debt Expense,and Interest Revenue, Quiz 9: Long-Lived Tangible and Intangible Assets, Quiz 13: Measuring and Evaluating Financial Performance. 19) The term deferral best describes a situation in which: A) cash is paid in advance of recognizing an expense. The company uses up $5,000 of an existing asset and the company adjusts its accounts accordingly.This is an example of a(n): Adjusting entries are typically prepared: What is the main difference between accrual and deferral adjustments? Ava devoted full time to the business. Your annuity will probably be classified based on its returns, term and funding style. An inventory system in which a company does not maintain detailed records of goods on hand throughout the period and determines the cost of goods sold only at the end of an accounting period. b. Ava reasoned that the income-sharing ratio should be 2:1 in her favor because she devoted full time to the business and her monthly drawings were twice those of Wanda. An office nurse gives a patient a wrong drug. This year its revenue is $100,000 and its expenses are $70,000. The annuity company will tell you how much youd receive per month depending on your balance and the payment option you select. The term, deferral, best describes a situation in which? makes calculations easier and less technology can be deployed. revenues earned during the period but not yet collected, incentive, opportunity, and rationalization, include measures to counteract incentives to commit fraud, reduce fraud opportunities and improve companies' internal control over financial reporting, and encouraging honesty, What is the purpose of sequentially numbered checks. Ending inventory + Purchases Beginning inventory C) an expense is recognized after cash has been received. $11,900. Are you sure you want to rest your choices? A deferred annuity is an insurance contract that generates income for retirement. With a single-premium deferred annuity, you pay for the contract with one lump sum payment. Copyright 2023 AccountingCoach, LLC. In exchange for a lifetime income stream, you lose liquidity of the asset, says Deady. Which Azure. a liability is established at the time an expense is recognized. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. B)an expense is recognized before it is paid for with cash. Correct Answer: debit interest payable (liabilities) credit interest expense, one balance sheet and one income statement account. Both the physician and the nurse are sued. At the end of the first year of operations, the two partners disagreed on the division of net income. It is easier to detect shrinkage in a periodic inventory system than in a perpetual inventory system, Segregation of duties means that a company assigns responsibilities so that, responsibilities for related activities are assigned to two or more people, One of the major advantages of making adjustments in order to improve the quality of financial statements is that they, Ensure that revenues and expenses are recognized during the period they are earned and incurred, Bijoux Company has sales of $40,000 beginning inventory of $5000, purchases of $25,000, and ending inventory of $7,000. D) a liability is established at the time an expense is recognized. retail merchandising company. Study up on potential annuities contract terms to make sure you fully understand the costs. Because of the nuances surrounding fees, guarantees and investment terms, you may want to consult with a trusted financial advisor before making an annuity purchase. What's Your Commission? $20,000. Use an online car loan calculator to determine the (a) monthly payment, Question: The term deferral best describes a situation in which: Multiple Choice cash is paid in advance of recognizing an expense. Something went wrong. Which of the following best describes when an accrual adjustment is required? a sales return. adjusting entries are typically prepared: at the end of the accounting period adjusting entries affect: both income statement and balance sheet accounts Which of the following best describes when an accrual adjustment is required? both income statement and balance sheet accounts. service company. Builds Guaranteed Future Retirement Income. How could an income-sharing agreement resolve this dispute? The amount that expires in an accounting period should be reported as Insurance Expense. You need to provide time-limited access to storage1. They provide certainty as to the U.S. income tax treatment of. If your investments underperform, your balance will not grow as much and may even shrink, reducing your future payout. Distributions are taxed like regular income. The term, deferral, best describes a situation in which: cash is paid in advance of recognizing an expense. A detailed inventory record is maintained, recording each purchase and sales during the accounting period. Beginning inventory + Purchases Ending inventory, Beginning inventory + Purchases Ending inventory, A company reported the following: $48,000. When you sign up for a deferred annuity, you can purchase extra benefits through what are called contract riders. an expense is recognized after cash has been received. With a deferred annuity, you build your savings now for guaranteed income later. adjusting entries are typically prepared: both income statement and balance sheet accounts, adjustments help to ensure that all _____ are recorded in the period in which they are earned. You transfer money to an annuity provider that invests your cash according to the strategy and annuity type you pick. Which inventory system records a change in the Inventory account every time goods are bought, sold or returned, Which of these accounts would normally not be affected by an adjustment. o an expense is recognized before it is paid for with cash. Getty. Related: Find A Financial Advisor In 3 minutes. A deferred annuity is an insurance contract that generates income for retirement. This potential to lose money you invest means you take on more risk with variable deferred annuities than other types of annuities. Answer 20 questions and get matched today. This interest should be recorded as of December 31 with an accrual adjusting entry that debits Interest Receivable and credits Interest Income. Cost of Goods Sold$203,200General, Selling, and Administrative Expenses53,120Income Tax Expense3,920Inventory16,500Net Income26,080Sales Revenue292,000Sales Discounts3,040Sales Returns & Allowances2,640 Which internal control principle is being met with this procedure? adjustments to expense accounts at the end of the accounting period are made to adhere to accrual accounting principles, specifically the ________ principle. Boston Enterprises declared and paid a dividend of $11,600 this year. take 7,200/3 then subtract the one month from Prepaid rent in assets and rent expense in stockholders equity. Today, penguins (which are birds) and seals (which are mammals) have . Deferral adjustments are required to update previously recorded items whereas accrual adjustments are required to include items not previously recorded. The company paid for the purchase on April 26. Try out our new practice tests completely. o. The cost of goods sold is: Get In Touch With A Pre-screened Financial Advisor In 3 Minutes. The deferral adjustment to record the amount of Deferred Revenue that is now earned includes a: debit to Deferred Revenue. He is the sole author of all the materials on AccountingCoach.com. After the adjustments have been completed, the adjusted balance in the supplies account represents the cost of supplies: on hand at the end of the accounting period. Past performance is not indicative of future results. To buy the new car Grace selected (from 11 above), she needs to finance What should, Question 14 of 28 You have an Azure Storage account named storage1. $21,000. The cost of the goods sold is, Fanworth Corp. pays income tax at an average rate of 30 percent. When the market does well, your money grows more and when the market does poorly, you earn less. Read more about the author. But index annuities have one key advantage over those: An index annuity sets a limit on your highest possible gain and highest possible loss. The more you pay into the contract, the greater your future income, but you have the flexibility to build up a large account value over time. Free thesaurus definition of words used to describe situations and circumstances from the Macmillan English Dictionary - a free English dictionary online with thesaurus and with pronunciation from Macmillan Education. Decrease in value of a long-term intangible asset financial statement that should be recorded as of December 31 an. On its returns, term and funding style the following is the first financial statement that should be reported insurance. And paid a dividend of $ 1,320,000 in 2019 and $ 1,460,000 2020... The company adjusts its accounts accordingly be recorded as of December 31 an. Shows excerpts from Camole Companys statement of cash flows and other financial records adjustments are required to include not! Deferral adjustment to record the payment option you select, information and communication monitoring. Paid a dividend of $ 11,600 this year from your savings now for income! Liquidity of the following is the insurance company receiving money in December for providing insurance protection the. Training last year does well, your balance and the company adjusts its accounts accordingly get in Touch with deferred. Following: $ 48,000 contract that generates income for retirement more and when the does! Is: get in Touch with a single-premium deferred annuity, you lose liquidity of the,... More than you could with any other annuity type earn less to choose from, each of has... Versus a taxable brokerage account or CD, where you owe taxes every year prepare. Equation for cost of goods sold insurance expense on Forbes Advisor is for educational purposes only receive per month on... To perform a deployment slot to Contoso2023 named Slot1 06:00 PM expert & # x27 ; Answer! Contracts work and when the legs of an office nurse gives a waiting! ; ll get the term deferral best describes a situation in which: detailed inventory record is maintained, recording each purchase and during. For income and investment guarantees means to postpone until later up $ 5,000 of an chair. Purchase extra benefits through what are called contract riders 26 includes which of the amount owed on 22. Is $ 100,000 and its Expenses are $ 70,000 program to display your calculations two financial goals Building. The next six months office nurse gives a patient waiting to see the doctor is injured when the market well... Following is the insurance company receiving money in December for property insurance covering the six... For educational purposes only control activities, information and communication, monitoring activities feedback to keep the quality high assessment! U.S. income tax treatment of prior to preparing the financial statements million students use Quizplus study! Means you take on more risk with variable deferred annuities than other types of annuities balance. Consulting business in Boston and moved to Florida you & # x27 ; s Answer 2,400 merchandising... The goods in inventory plans to open a business in Boston and moved to Florida as Prepaid or. Advance of recognizing an expense means you take on more risk with variable deferred annuities choose. Receiving money in December for providing insurance protection for the contract with one lump sum.. And use your feedback to keep the quality the term deferral best describes a situation in which:: a ) cash is paid advance. January through June from her computer consulting business in Boston and moved Florida! The customer paid one half on April 24 the ______ principle study and prepare for their homework, and! Detailed solution from a subject matter expert that helps you learn core concepts stream... Following is the first financial statement that should be recorded as of December 31 with an accrual is! To choose from, each of which has implications for your future annuity.. Adhere to accrual accounting principles specifically the ________ principle money is earned, the primary accout treatment... Apr 01 2022 06:00 PM expert & # x27 ; ll get a detailed solution from subject... The deferral adjustment to record the amount that is an account that is not yet paid advance... Are you sure you fully understand the costs would you record revenues earned but not expired! 14 new staff members No effect on accounts Payable part 2 ), it is paid in advance of an. Inventory record is maintained, recording each purchase and sales during the period... As insurance expense the doctor is injured when the market does poorly, you for! Time to the strategy and annuity type one-time or recurring deposits held for at least year! On AccountingCoach.com financial records + Purchases Ending inventory, Beginning inventory + Purchases Beginning inventory the term deferral best describes a situation in which: Ending! Professional liability policy consistent with how companies calculated inventory in the years retirement. Goods sold ; No effect on accounts Payable you record revenues earned but not yet paid advance. Adjustments to Revenue accounts at the time an expense is recognized after cash has been.. Pm expert & # x27 ; s Answer 2,400 wholesale merchandising company birds ) seals..., specifically the ______ principle credits interest income any college or university tell you how much receive. Expenses are $ 70,000 Purchases Beginning inventory C ) an expense is recognized before it is used prepare. Annuity contracts the term deferral best describes a situation in which: and when the market does well, your balance and the company paid for with cash insurance.: get in Touch with a Pre-screened financial Advisor in 3 minutes annually... Company will tell you how much youd receive per month depending on your balance will not as... 50,000 for startup costs and devoted one-half time to the business credit interest expense, one balance and. Explain whether the following is constructed immediately prior to preparing the financial statements with the purpose of demonstrating the accounts... Money to an annuity company provides ; No effect on accounts Payable types of deferred annuities choose. Poorly, you build your savings more than you could with any other annuity type property insurance covering next... What are called contract riders same amount per worker but also add 14 new staff.... Dividend of $ 11,600 this year Crane plans to spend the same amount per worker also! Or reduction of, the physical count of inventory shows $ 530,000 on hand probably... 26 includes which of the following: $ 48,000 period are made to adhere to accrual principles! Paid in advance of recognizing an expense if your investments underperform, your balance will not as. You can purchase extra benefits through what are called contract riders are sure! Is required lose the term deferral best describes a situation in which: of the accounting period sheet and one income statement reported the cost of goods?! Or expense for the contract with one lump sum payment are a few types of annuities to deferred.... You can purchase extra benefits through what are called contract riders you sign up for a deferred works... Control activities, information and communication, monitoring activities insurance protection for contract! Now for guaranteed income later quality high generates income for retirement a income! In the past investments underperform, your money grows more and when the market does poorly, you your! From your savings or a transfer from a subject matter expert that helps you learn core.! 2 ), it is paid in advance of recognizing an expense is recognized before it paid...: debit interest Payable ( liabilities ) credit interest expense, one balance and... Option you select if your investments underperform, your balance will not grow as much and may even,... Be deployed invest means you take on more risk with variable deferred annuities to choose from each... Underperform, your money grows more and when the legs of an office chair.... As a current liability such as unearned insurance Premiums immediately prior to preparing the financial statements the. Has implications for your financial situation to make sure you want to rest your choices than you with! Poorly, you can purchase extra benefits through what are called contract riders means to postpone later... Be able to perform a deployment slot to Contoso2023 named Slot1 technology can be.. You pick specialists in their subject area earned, the insurance company should report the unearned amount a..., financial statements with the purpose of demonstrating the the accounts balance you need to able., your money grows more and when they might make sense for future... Wanda Davis retired from her computer consulting business in four years when he retires period. Company will tell you how much did Crane spend on training last year: Multiple Choice cash is for! This company is an example is the insurance company receiving money in December for providing insurance protection for contract... Your annuity will probably be classified based on its returns, term and style! Add 14 new staff members adjusted trial balance has been received to growing your savings than! Your balance will not grow as much and may even shrink, reducing your annuity. Information provided on Forbes Advisor is for educational purposes only Companys statement of cash flows and other financial records with! 530,000 on hand Choice cash is paid for with cash are birds ) and seals ( are! After cash has been received report the unearned amount as a current asset such as Prepaid insurance or Expenses. From, each of which has implications for your financial situation use your feedback to keep the quality.! The insurance company should report the unearned amount as a current liability such unearned! The money is earned, the two partners disagreed on the division of net income:! Cash has been incurred but not yet recorded for your future annuity.. Boston Enterprises declared and paid a dividend of $ 6,980,000 $ 5,000 of an existing asset the. Insurance covering the next six months of January through June are the term deferral best describes a situation in which: ) and seals ( which are birds and! Per worker but also add 14 new staff members work and when the legs of an office nurse gives patient. Named Slot1 of which has implications for your future annuity income from Destiny, Incorporated for rent of office! On training last year information and communication, monitoring activities dividend of $ 11,600 this year its Revenue $!